Company Number: 13658386

Analysis Date: 2025-07-20 19:08 UTC

1. Risk Rating: MEDIUM
   The company shows positive net current assets and equity for the latest financial year, indicating a basic ability to meet short-term obligations. However, the presence of director's advances and minimal fixed assets, alongside its recent incorporation and micro entity status, suggests moderate solvency and liquidity risk. The business is still in an early stage, limiting the ability to assess operational stability fully.

2. Key Concerns:

• Director's advances of £27,623 as liabilities may indicate reliance on director financing rather than operational cash flow, which could challenge liquidity if not repaid or converted.
• The company is classified as micro with limited fixed assets (£269) and relatively small net assets (£10,542), implying a limited asset base to support growth or absorb shocks.
• The business has been active for less than three years, with limited financial history and no audit, restricting comprehensive analysis of its financial performance and operational sustainability.

3. Positive Indicators:

• Positive net current assets (£10,273) and shareholders' funds indicate the company currently maintains a buffer over short-term liabilities.
• Filing compliance is up to date with no overdue accounts or confirmation statements, suggesting good regulatory compliance and governance practices.
• The company has increased its average number of employees to 7 during the last financial year, which may reflect operational growth and scaling.

4. Due Diligence Notes:

• Investigate the nature, terms, and repayment plan for the director's advances to assess potential liquidity risks or contingent liabilities.
• Review detailed cash flow statements and profit/loss accounts not provided here to evaluate ongoing operational viability and earnings quality.
• Confirm absence of any director disqualifications or governance issues beyond the data presented.
• Explore the business model scalability and competitive position in the take-away food sector to understand future sustainability.